Sat May 23, 2020 8:26 pm
#1771780
Inflation is what makes debt disappear which is why borrowing governments are so keen on growth because it is inextricably linked to inflation.
Where money actually comes out of thin air (or the ground) the government resorts to supply controls to encourage demand and value stabilisation which achieves the same growth when dealing with more financially sophisticated countries who have borrowing but fewer natural resources. See a Middle East despot for more information,
Not that any of this matters because communism doesn’t work for more than a week or two. The capitalist system is very clever and beautifully simple at the same time.
Where money actually comes out of thin air (or the ground) the government resorts to supply controls to encourage demand and value stabilisation which achieves the same growth when dealing with more financially sophisticated countries who have borrowing but fewer natural resources. See a Middle East despot for more information,
Not that any of this matters because communism doesn’t work for more than a week or two. The capitalist system is very clever and beautifully simple at the same time.
Middle East Peace Expert. Military strategist. Former economist and epidemiologist.
Not always entirely serious.
-Still learning -
Not always entirely serious.
-Still learning -